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European Markets Close Higher to Cap Wild Week; Fresenius SE Shares Tank 17%


Saturday, 8 December 2018 00:16 WIB

Stoxx 600Saham Eropa


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European stocks recovered some ground Friday, after slumping to a two-year low in the previous session but significant gains were capped by lack of thrust from Wall Street and Asia.

The pan-European Stoxx 600 provisionally closed up over 0.7 percent at 345.45, with all sectors and major bourses in positive territory.

Europe's tech stocks were among the top performers, up around 2 percent as worries of a fresh flare-up in tensions between the world's two largest economies cooled. The arrest of Huawei's global chief financial officer in Vancouver on Wednesday had threatened to derail progress in U.S.-Sino trade talks. However, tech stocks pared losses Friday, with Nokia and Ericsson both trading more than 3 percent higher.

Source : CNBC


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